Real estate in Thailand

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Key points for buying an apartment in a new projects in Thailand in 2024.


Financial planning: Assess your financial capabilities, taking into account all additional costs, such as tax for registration of property (after the project is completed), opening a bank account in Thailand and transferring funds to it for settlement with the developer .
For clients of our company we provide "escrow" an account for settlements with developers and a convenient exchange of rubles into baht at the best rate, check with the managers. 
 
Choosing a location: Decide between the dynamic atmosphere of Pattaya and the secluded corner of Phuket, do not forget about the accessibility of beaches and infrastructure amenities.
Market analysis: Study current offers on the real estate market, paying particular attention to new buildings that are at various stages of construction.
 
Evaluation of the developer: Choose a developer with an impeccable reputation and positive feedback from buyers, check the history of the company and its projects.
 
Site Inspection: If possible, visit construction sites in person to assess the quality of work and surroundings, or trust your agent and conduct online site inspections if you are planning a remote transaction.
 
Legal review: As a rule, your agent will provide for all the nuances of the contract and discuss the key points with you, carefully study the contract and all the details specified in it.
 
Financing options: Explore financing options, including installments from the developer, clarify all conditions. Typically, your agent will be able to suggest the best financing options and negotiate individual terms with the developer.
 
Completion of purchase: After a detailed check of all papers and conditions, sign the contract and make payments in accordance with the agreements.
 
Post-sale service: Make sure the developer provides warranties on the home and offers post-sale management services.
 
Following these recommendations, you can ensure a reliable and profitable purchase of real estate in new buildings in Pattaya or Phuket in 2024. 


 
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